The static reduction method has been used in many results to show existence of team-optimal solutions, such as [1]}, [2]}, [3]}, [4]}. Furthermore, [5]} uses the static reduction method to develop results showing that finite models can be used to approximate general team problems with arbitrarily small error in cost. Thus, the results presented here show that these previous existence and approximation results extend (with arbitrarily small error) to all team problems with continuous and bounded cost functions and convex action spaces.
